Fortune REIT has been proactively engaging with our tenants to mitigate their environmental impact as part of our comprehensive sustainability strategy. This initiative encompasses a range of measures designed to enhance energy efficiency, reduce waste, and promote sustainable practices within our properties. For example, Fortune REIT has implemented advanced smart building management systems in major malls, optimizing energy usage and improving air quality. These systems facilitate centralized data collection and monitoring, enabling both Fortune REIT and our tenants to manage energy consumption more effectively.

Furthermore, Fortune REIT has extended its environmental, social, and governance (ESG) training programs to tenants, focusing on waste reduction, recycling, and the reduction of greenhouse gas (GHG) emissions. This training empowers tenants to integrate sustainability practices into their daily operations, fostering a collaborative approach to environmental stewardship. This is further cemented with eco-tips and eco-taskforce to provide personalised feedback and practical solutions to our tenants.

Fortune REIT adopts a more tailored approach to help tenants on their sustainability journeys through the eco-taskforce. For example, by monitoring the energy consumption of our tenants, we can identify which tenants are consuming large amounts of energy compared to their peers. High and inconsistent energy consumption patterns often indicate that tenants are using older, less efficient appliances. These appliances not only consume more electricity but also contribute to higher operational costs and increased environmental impact. By pinpointing these inefficiencies, we can encourage tenants to upgrade to modern, energy-efficient equipment, which will reduce their energy consumption, lower their utility bills, and support our overall sustainability goals. This proactive approach not only benefits our tenants but also aligns with our commitment to environmental stewardship and operational excellence.

In conclusion, the impact of these actions is multifaceted. By engaging tenants in sustainability efforts, Fortune REIT not only reduces its overall environmental footprint but also enhances the operational efficiency of its properties. This collaborative approach results in cost savings for both Fortune REIT and its tenants through reduced energy consumption and waste management expenses. The positive environmental impact also enhances the reputation of Fortune REIT, attracting environmentally conscious tenants and investors, and ultimately supporting long-term business sustainability.